What is the definition of Bankruptcy remote? | Dictionary.net

BANKRUPTCY REMOTE

\bˈaŋkɹʌptsi ɹɪmˈə͡ʊt], \bˈaŋkɹʌptsi ɹɪmˈə‍ʊt], \b_ˈa_ŋ_k_ɹ_ʌ_p_t_s_i ɹ_ɪ_m_ˈəʊ_t]\

Definitions of BANKRUPTCY REMOTE

1910 - Black's Law Dictionary (2nd edition)

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How a company compares its status to another company in the same group. It prevents debt relief from being taken on by the group. This works for an established business not start ups.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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